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Tropic Isle 2nd Sec Home Values and Market Report

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Report prepared by Elevaterealtypro.com Elevate Realty

Market at a glance

Over the last 12 months, homes sold for 94.1% of list price in 110 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $2.6M Sold · $2.3M
$11M$8M$5M$2M
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 2 sales in Sep. Last month: 1.

Where the market stands

All homes in this report, by status.

15homes
Active5 · 33%
Under contract2 · 13%
Sold (12 mo)8 · 53%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

5.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$6.98M
Under contract$3.83M
Sold$3.91M

Average days on market

Active128 days
Under contract69 days
Sold110 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 5
Average list price $6,976,800
Avg. days on market 128 days
Avg. price per ft² $1,731
Avg. living area 4,361 ft²
Avg. beds / baths 4.2 / 5.6

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$15M$10M$5M$0

Price vs. living area: 5 homes plotted, up to $15M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 5 homes in this status.

976 Banyan Drive$3,730
975 DOGWOOD Drive$1,569
950 Cypress Drive$1,251
944 Cypress Drive$1,200
910 Banyan Drive$909

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
975 DOGWOOD DriveDelray Beach, FL 33483 554,459$6,999,000$1,56927 days
910 Banyan DriveDelray Beach, FL 33483 322,194$1,995,000$90928 days
976 Banyan DriveDelray Beach, FL 33483 332,922$10,900,000$3,730180 days
944 Cypress DriveDelray Beach, FL 33483 596,243$7,495,000$1,200203 days
950 Cypress DriveDelray Beach, FL 33483 595,988$7,495,000$1,251203 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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